IFA Hotels & Resorts commits a further R1.2bn investment to Zimbali Lakes
IFA Hotels & Resorts (IFAHR) has committed to a further R1.2 billion investment in the North Coast’s Zimbali Lakes which will accelerate development across the master-planned estate over the next 18 months.
Zimbali Lakes has also achieved its highest-ever sales, recording a historic R280 million during the first nine months of 2025 with only 161 land opportunities remaining.
At the beginning of 2025, the estate launched the Ernie Else Signature Golf Course as well as the Ernie Els Suites – a collection of 57 luxury residences. Now 80% sold, the units are priced from R1.75 million with no transfer duty when purchasing directly from the master developer.
In August 2025, Zimbali Estate unveiled Avanti Residences comprising one-bedroom units, two-bedroom duplexes, and two- and three-bedroom penthouses ranging from R2.4 million to R17.5 million.
The TSC Supercar Showroom & Vault was also launched, a first-of-its kind, supercar-centric lifestyle concept.
Zimbali Square spans 15 000m2 of contemporary, open-air retail and dining space, anchored by Checkers, Dis-Chem, and Woolworths, the precinct will feature premium tenants.
All bulk earthworks and services are projected for completion by December 2026, with major progress already visible across Phase 3A and scheduled for delivery by December 2025.